Grab #sol Now
Solana (SOL) is trading near $199.90, consolidating above its key $190 support, while resistance lies at $206–$210. A breakout above could fuel a rally toward $228–$250. Adding to bullish momentum, firms have announced plans to acquire a publicly traded company and convert it into a Solana treasury firm, with the deal expected to close in early September. This bold move, alongside the Alpenglow upgrade, Circle’s $750M USDC injection, and record $13B open interest, highlights Solana’s growing institutional demand. With DeFi TVL surpassing $11B, SOL is positioning for a powerful breakout that could capture fresh highs soon.